Business Innovation and Entrepreneurship Journal
Vol 7 No 2 (2025): Business Innovation and Entrepreneurship Journal (May)

The Effect of Dividend Pershare on Stock Prices at State-Owned Banks

Nisa, Ana Sakinatun (Unknown)
Rahmawati, Mira (Unknown)
Suryanugraha, Dim Zarita (Unknown)
Rahayuningrat, Prahita Sri (Unknown)



Article Info

Publish Date
22 May 2025

Abstract

The purpose of this study was to determine empirical evidence about the effect of dividend per share on stock prices. The data used in the study is based on State-Owned Banks listed on the Indonesia Stock Exchange in the 2019-2024 period. The data analysis technique uses multiple regression analysis. Sampling was carried out using purposive sampling method which then obtained 5 sample companies. The analysis technique used in this research is Statistical Package for the Social Sciences (SPSS). The results in this study indicate that dividend per share shows a significant positive effect on stock prices. So the greater the dividend distributed to shareholders, the greater the effect on the share price. Dividend payments often depend on the company's share price. However, dividend payments are one of the most challenging topics in modern financial economics. Years of research have not been able to resolve it. Research on dividend payments has shown that, not only the general theory of dividend payments remains elusive, but also corporate dividend practices vary over time between companies and between countries.

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Journal Info

Abbrev

BIEJ

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences Other

Description

Business Innovation and Entrepreneurship Journal peer-reviewed and published four times a year in May, August, November and February. This journal is managed by the Faculty of Entrepreneurship at Universitas Garut - Indonesia. The paper is an original script and has a research base on management, ...